97
97
Dec 6, 2012
12/12
by
CNBC
tv
eye 97
favorite 0
quote 0
. >> fiscal cliff. >> fiscal cliff. >> fiscal cliff. >> fiscal cliff. >> but why doesn't the market care? let's find out right now. >>> live from the nasdaq market site in new york city's time square, i'm melissa lee. here are tonight's top three trades. solving the apple mystery. want to know what's behind apple's troubles this week? we here at "fast" have gotten to the bottom of the selloff. we'll tell you what it means. plus, freeport fizzles. the fine print on why the company's two big buys are raising big red flags. >>> and nat gas revolution, the government says exporting nat gas could be a game changer for america's economy, but at what cost? we'll take a deeper dive to find some answers. but first, our top story tonight. >>> everyone cares about the fiscal cliff, except, seemingly, the markets. just 25 days until the year end deadline and still no deal out of washington. still stocks quietly climb higher. the dow closing today at a one-month high. what gives? just an assumption that a deal -- >> it almost gets back to that you never short. we're all waiting for some type of closu
. >> fiscal cliff. >> fiscal cliff. >> fiscal cliff. >> fiscal cliff. >> but why doesn't the market care? let's find out right now. >>> live from the nasdaq market site in new york city's time square, i'm melissa lee. here are tonight's top three trades. solving the apple mystery. want to know what's behind apple's troubles this week? we here at "fast" have gotten to the bottom of the selloff. we'll tell you what it means. plus, freeport fizzles....
222
222
Dec 6, 2012
12/12
by
KPIX
tv
eye 222
favorite 0
quote 0
and we have this thing that "fiscal cliff," that so-called "fiscal cliff" "fiscal cliff" that we're sick of. how is that going to impact the whole job situation? >> reporter: you know, for a while it looks like it wasn't going to but in recent surveys we see that businesses are putting off investing and hiring until congress and the president finish their wrangling. i think the reason is pretty clear. uncertainty over taxes and the impact of scheduled government cuts on the economy is really making it hard for companies to plan. so instead, they are keeping their spending in a wait-and- see mode and again, that's going to persist until we get resolution. for more on the jobs report preview, go to moneywatch.com where we warn that things could get ugly in the labor market before they turn around. >> okay. jill schlesinger, editor at large for cbsmoneywatch.com, thank you. >>> i'm going to have to separate my coanchor and our weather guy because we have a quasi denver bronco fan here, she grew up there. we'll let her have that. quasi. and a huge raider fan. >> and they play tonight. huge r
and we have this thing that "fiscal cliff," that so-called "fiscal cliff" "fiscal cliff" that we're sick of. how is that going to impact the whole job situation? >> reporter: you know, for a while it looks like it wasn't going to but in recent surveys we see that businesses are putting off investing and hiring until congress and the president finish their wrangling. i think the reason is pretty clear. uncertainty over taxes and the impact of scheduled...
184
184
Dec 1, 2012
12/12
by
CNNW
tv
eye 184
favorite 0
quote 0
cliff. >> fiscal cliff. >> we could go off this fiscal cliff. >> we are facing a fiscal grand canyon. >> reporter: it's a big deal, question is, can these guys strike a deal? >> i have to repeat, i have a pen. >> reporter: meantime, damage control for u.n. ambassador susan rice, how to smooth things over this week with republicans after those benghazi talking points. >> extremist elements came to the consulate as this was unfolding. >> reporter: the didn't work, now, their talking points. >> we are significantly troubled. >> i want to say that i'm more troubled today. >> reporter: democrats shot back. >> they're not only blaming her for this intelligence report, they're trying to blame her for the actual tragic event. >> i've seen so much crazy stuff in this house, i could write a bock. >> or make an internet video that's actor angus t. jones caught slamming his own tv show. >> if you watch "two and a half men" please stop watching "two and a half men." i'm on it and don't want to be on it. >> reporter: he apologized but may still get his wish. now, to just two men. these two men. in
cliff. >> fiscal cliff. >> we could go off this fiscal cliff. >> we are facing a fiscal grand canyon. >> reporter: it's a big deal, question is, can these guys strike a deal? >> i have to repeat, i have a pen. >> reporter: meantime, damage control for u.n. ambassador susan rice, how to smooth things over this week with republicans after those benghazi talking points. >> extremist elements came to the consulate as this was unfolding. >> reporter:...
65
65
Nov 14, 2012
11/12
by
KNTV
tv
eye 65
favorite 0
quote 1
how a bay area ceo is helping the president off the brink of the fiscal cliff. >> fiscal cliff affecting the market all week long. we will see how that bounces back. we take you live to new york for that offing bell. we would love to hit. it is wednesday, november 14. this is "today in the bay." pfrmgts good morning, everybody. glad you could join us. i'm jon kelley. >> i'm laura garcia-cannon. business meets the beltway as president obama meets the ce onto brain storm ways of falling over the so-called fiscal cliff. it is a series of expiring tax cuts and across-the-board spending cuts set to take effect january 1 if congress does not act. for more insight let's turn to tracie potts, live in washington, d.c. understand -- business leaders we talked about will be attending the meeting. do we know which ones? >> right. a number of them. ceos of ge, general electric, chevron, bay area company, about a dozen of them. these are groups ceos that the president has been trying to get together to back his plan that we expect. he will outline in that news conference in a few hours. part of the gr
how a bay area ceo is helping the president off the brink of the fiscal cliff. >> fiscal cliff affecting the market all week long. we will see how that bounces back. we take you live to new york for that offing bell. we would love to hit. it is wednesday, november 14. this is "today in the bay." pfrmgts good morning, everybody. glad you could join us. i'm jon kelley. >> i'm laura garcia-cannon. business meets the beltway as president obama meets the ce onto brain storm...
256
256
Sep 19, 2012
09/12
by
CNBC
tv
eye 256
favorite 0
quote 0
if the fiscal cliff isn't addressed, we anticipate the uncertainty associated with the fiscal cliff will have economic effects. a shallowy session would occur next year. about 1.25 million fewer jobs would be created in 2013. financial markets don't like uncertainty. particularly uncertainty of this magnitude. >> those are all familiar refrains we've heard in the past. in about an hour, mr. bernanke is going to take his message directly to the senate finance committee in a close-door meeting. wouldn't you love to be a fly on that wall? we won't know exactly what is said in that meeting, but we can imagine it's going to be something like, please do your job. everything the fed has done really won't matter. >> reaction now from the senior managing director at tangen capital investors. chris, it is a bit exterr extraordinary, but it's understandable given the fact it's the economy and the recovery has been all on the fed. congress has done nothing. >> yeah, congress is the primary bailout recipient, aren't they? we've had no action from the congress on housing, on all of the important issue
if the fiscal cliff isn't addressed, we anticipate the uncertainty associated with the fiscal cliff will have economic effects. a shallowy session would occur next year. about 1.25 million fewer jobs would be created in 2013. financial markets don't like uncertainty. particularly uncertainty of this magnitude. >> those are all familiar refrains we've heard in the past. in about an hour, mr. bernanke is going to take his message directly to the senate finance committee in a close-door...
243
243
Nov 9, 2012
11/12
by
KPIX
tv
eye 243
favorite 0
quote 0
"fiscal cliff." >> the looming "fiscal cliff." >> the impending "fiscal cliff." >> and it's just getting started. now at 6:30, it's looming, it's impending. it's the term coined by the fed chair ben bernanke. and it's the first crisis president obama will have to tackle even before his second term gets under way. cbs 5 political reporter grace lee walks us to the precipice and looks over the edge of that "fiscal cliff." >> reporter: let me tell you it's scary and there's a reason they call it a cliff. it's designed to be drastic and painful. this is to force congress in a action. so if you are at home thinking it's not going to affect you you're wrong. if congress and the president cannot work out a deal before the end of the year, coming soon a very big dent in your wallet. >> we won't solve the problem of the fiscal balance overnight. >> compromise is not a dirty word. >> reporter: but as we have seen in the past compromise is not easu for congress since it has done nothing to solve our "fiscal cliff" problem so far and the clock is ticking. >> there's something in here for everyone to
"fiscal cliff." >> the looming "fiscal cliff." >> the impending "fiscal cliff." >> and it's just getting started. now at 6:30, it's looming, it's impending. it's the term coined by the fed chair ben bernanke. and it's the first crisis president obama will have to tackle even before his second term gets under way. cbs 5 political reporter grace lee walks us to the precipice and looks over the edge of that "fiscal cliff." >>...
425
425
Dec 4, 2012
12/12
by
KBCW
tv
eye 425
favorite 0
quote 0
off the fiscal cliff. the 10-year plan promises to shave $2.2 trillion through a combination of entitlement cuts and tax reform measures. but house republicans still refuse to meet president obama's bottom line. letting the bush tax cuts expire for the wealthy. in the statement, the white house said that the plan fails the balance test and sticks the middle class with the bill. >>> the gay marriage in california is still on hold tonight. the u.s. supreme court could have announced today whether they would review prop 8. instead the justices announced that they will wait until friday to discuss whether to take up the case. legal experts say the delay ruling means nothing. >> it's like we have so many cases on the docket. let's put this one off next week, no big deal. that's really what happened. it really isn't the dog that didn't bark, but it's the case that has not been resolved yet and we're still waiting. >> professor little says he expects if the court grants a review that we'll know by friday. but if
off the fiscal cliff. the 10-year plan promises to shave $2.2 trillion through a combination of entitlement cuts and tax reform measures. but house republicans still refuse to meet president obama's bottom line. letting the bush tax cuts expire for the wealthy. in the statement, the white house said that the plan fails the balance test and sticks the middle class with the bill. >>> the gay marriage in california is still on hold tonight. the u.s. supreme court could have announced...
16
16
tv
eye 16
favorite 0
quote 0
debate about the so-called fiscal cliff fiscal cliff is really a fraud it's a it's a term invented by helicopter ben bernanke of the federal reserve so not a good thing it's designed to stampede people here's the main idea you don't need to have genocidal austerity by cutting social security medicare medicaid unemployment benefits food stamps in particular there's one huge flow of wealth that has not ever been taxed in recent years it's called wall street if you look at the main zombie banks and wall street wells fargo bank of america citi bank goldman sachs they generally pay zero federal corporate income taxes that's one side they pay nothing over a period of ten years they might pay one or two percent at most but the other thing is the turnover in other words they're buying and selling trading they're doing flash trading high frequency trading they're doing a million trades per second on one computer and they have many computers there's no sales tax on any of that the average person to buy a pair of shoes or some clothing or some electronics you're going to pay sales tax in america
debate about the so-called fiscal cliff fiscal cliff is really a fraud it's a it's a term invented by helicopter ben bernanke of the federal reserve so not a good thing it's designed to stampede people here's the main idea you don't need to have genocidal austerity by cutting social security medicare medicaid unemployment benefits food stamps in particular there's one huge flow of wealth that has not ever been taxed in recent years it's called wall street if you look at the main zombie banks...
239
239
Dec 24, 2012
12/12
by
MSNBCW
tv
eye 239
favorite 0
quote 0
fiscal cliff. fiscal cliff. whatirping ][ cellphon [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. how much is your current phone bill? four sixteen seventy six a month! okay, come with me -- we're gonna save you money. with straight talk at walmart, you get unlimited talk, text and data for only $45 a month per phone. would we get the same coverage? same coverage on america's best networks. you saved $146.76 by switching to straight talk. awesome! now you can afford to share your allowance with me. get the season's hottest smartphones like the samsung galaxy s2 and get straight talk with unlimited data for just $45 a month -- from america's gift headquarters. walmart. ♪ >>> since we announced we were going to have the nra's wayne lapierre on the program, we received so much feedback on line, thougs of you september us tweets and comments on our facebook page, m
fiscal cliff. fiscal cliff. whatirping ][ cellphon [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. how much is your current phone bill? four sixteen seventy six a month! okay, come with me -- we're gonna save you money. with straight talk at walmart, you get unlimited talk, text and...
176
176
Nov 22, 2012
11/12
by
FOXNEWSW
tv
eye 176
favorite 0
quote 0
fiscal cliff? or fiscal free for all? we are staring at this abyss. no one is even touching it. >> what is amazing to me this is the most predictable financial crisis ever in the history of this country. i suspect we are thought going to anticipate a recession, you will see a recession. >> we should be very careful not to go over the cliff because we will have a negative affect on this economy and on employment. >>neil: an idea of how much is at stake and who pays for this, i am telling you at this rate, everyone will pay. every single american family will pay. >> this has implications for every american family, 90 percent of families in america will pay higher taxes, and a reduction in income of $3,500 per american family. we talking about an income loss of 6 percent after taxes, the largest income loss since the 1940's, huge implications and politicians are going to have to, for once, act in a bipartisan manner to try and fix this. >> the people are ready for someone to tell them the truth instead of this mush that they can get this done without tou
fiscal cliff? or fiscal free for all? we are staring at this abyss. no one is even touching it. >> what is amazing to me this is the most predictable financial crisis ever in the history of this country. i suspect we are thought going to anticipate a recession, you will see a recession. >> we should be very careful not to go over the cliff because we will have a negative affect on this economy and on employment. >>neil: an idea of how much is at stake and who pays for this, i...
168
168
Dec 14, 2012
12/12
by
KRON
tv
eye 168
favorite 0
quote 0
we have pretty good investiga--they're still talking about the fiscal cliff. we are just 17 days away. what was >> it may not be snowing but it feels a little bit like christmas. it is very cold outside. temperatures are near freezing this morning. and we have jackie sizzle out on wall walnut creek. >> this is definitely gloves and had whether. it is 37 degrees right now and walnut creek. i started the day in the north bay and it was actually writing the freezing level. it was about 32 to 34 degrees. a from a revised three is still an affect around the bay area until about 8:00 a.m.. you will have to grab your christmas hat today because it is very cold outside. >> my son wants to school every day with a short sleeve shirt on and shorts. people looked at me like i am a bad parent. >> i always tell him that the weather has changed but he continues to were summer clothes. >> here are the watches and warnings that we are showing you. it is really part targeting the east bay. take a look at the weather. today we do have a slight chance of a sprinkler to out to the
we have pretty good investiga--they're still talking about the fiscal cliff. we are just 17 days away. what was >> it may not be snowing but it feels a little bit like christmas. it is very cold outside. temperatures are near freezing this morning. and we have jackie sizzle out on wall walnut creek. >> this is definitely gloves and had whether. it is 37 degrees right now and walnut creek. i started the day in the north bay and it was actually writing the freezing level. it was about...
215
215
Dec 6, 2012
12/12
by
CNBC
tv
eye 215
favorite 0
quote 0
fiscal cliff and all of the other stuff. great story on the front page of wall street journal today talking about portfolio pumping. another example of investors thinking they're not getting a fair shake out of the stock market. >> larry, you call that complacency, don't you? >> that's right. i'm actually shocked that these investors appear to be asleep at the switch in light of the fiscal fiasco looming in less than a month. you would think investors saying their concerns would be running for the hills or at least buying portfolio protection to protect themselves against potential disaster. we see the vix very low. they're not taking the type of defensive, decisive action. if we get a downgrade and if this happens, it will be terrible for the market. that's what's potentially on the market, if we don't make a deal in washington. >> scott, let me ask you again how you want to allocate capital then in that environment. i know george young is with us again, joining the conversation. i want to ask you the same question. go ahea
fiscal cliff and all of the other stuff. great story on the front page of wall street journal today talking about portfolio pumping. another example of investors thinking they're not getting a fair shake out of the stock market. >> larry, you call that complacency, don't you? >> that's right. i'm actually shocked that these investors appear to be asleep at the switch in light of the fiscal fiasco looming in less than a month. you would think investors saying their concerns would be...
105
105
Dec 25, 2012
12/12
by
FBC
tv
eye 105
favorite 0
quote 0
now, this looming fiscal cliff a week away. they need to pull out the big guns and do everything they poibly can to lure shoppers into their stores. we are seeing prices slashed 50%. here at the galleria, they may have seen record number of shoppers. shopper track which takes a look at traffic, they have actually changed their forecast from 3.3 down to 2.5%. we will have to wait and see if this had an effect at all on their bottom line. melissa: it will be interesting to see how the bottom numbers comment. i would not want to go to a mall today. thanks a lot, lauren. there is still time to go to amazon and buy my book. i will shamelessly plug my book right here. go online. it is not too late. amazon and barnes & noble, they both have it. okay. that was shameless. i want santa to come save our economy. early reports are disappointing. can santa help us out for back joining us and a economist from the university of maryland. what you think of the holiday shopping season so far? >> we came into the holiday season with guarded expe
now, this looming fiscal cliff a week away. they need to pull out the big guns and do everything they poibly can to lure shoppers into their stores. we are seeing prices slashed 50%. here at the galleria, they may have seen record number of shoppers. shopper track which takes a look at traffic, they have actually changed their forecast from 3.3 down to 2.5%. we will have to wait and see if this had an effect at all on their bottom line. melissa: it will be interesting to see how the bottom...
26
26
tv
eye 26
favorite 0
quote 0
cliff the fiscal cliff of course is the culmination of years and years of failing to take responsibility for a rogue economy that they're going to try to reconcile all at once when the entire population of america jumps off the fiscal cliff whether they do so the next two months or six months or twelve months is irrelevant that fiscal cliff is coming the gold kloof is also.
cliff the fiscal cliff of course is the culmination of years and years of failing to take responsibility for a rogue economy that they're going to try to reconcile all at once when the entire population of america jumps off the fiscal cliff whether they do so the next two months or six months or twelve months is irrelevant that fiscal cliff is coming the gold kloof is also.
76
76
tv
eye 76
favorite 0
quote 0
it is because of the fiscal cliff, not because of the fiscal cliff, the fiscal clip could be play no role in this whatsoever. move on. fory's 30 mortgage rate rising to 3.34% and senator jim demint beating the senate to lead the heritage foundation. back in a moment. i ed to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares bylackrock. call 1-800-ishes for a prosctus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. every human being is unique. and there is one store that recognizes it. the sleep nuer store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. temperature-balancing bedding. dual warmth comforter
it is because of the fiscal cliff, not because of the fiscal cliff, the fiscal clip could be play no role in this whatsoever. move on. fory's 30 mortgage rate rising to 3.34% and senator jim demint beating the senate to lead the heritage foundation. back in a moment. i ed to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their...
1,069
1.1K
Dec 18, 2012
12/12
by
FBC
tv
eye 1,069
favorite 0
quote 0
wall street optimistic for fiscal cliff deal? nicole: that is right, as a deal gets closer and closer, the sentiment is it gets done at least partially in some way shape or form. talking to the traders, that is what they say the market is telling you. positive results out of washington have been priced into this market. the dow jones industrials dropped nearly 1%. the nasdaq up 1.4%. a look at the dow jones intraday with a majority of the dow components all into the green, names like bank of america leading the way, oil services all doing well, and talking with equity partners and said why does it pop right now if they think the fiscal cliff talks come to fruition. he said people are chasing. some people taking short-term profits, but altman o alternatee are still believers in a santa claus rally and the fact washington will get it right. melissa: nicole, thank you very much. proposals to avert the fiscal cliff coming fast and furious right now. we want to get you up to speed on where every proposal stands. for the first time the
wall street optimistic for fiscal cliff deal? nicole: that is right, as a deal gets closer and closer, the sentiment is it gets done at least partially in some way shape or form. talking to the traders, that is what they say the market is telling you. positive results out of washington have been priced into this market. the dow jones industrials dropped nearly 1%. the nasdaq up 1.4%. a look at the dow jones intraday with a majority of the dow components all into the green, names like bank of...
168
168
Dec 3, 2012
12/12
by
CNBC
tv
eye 168
favorite 0
quote 0
good data on one fis, fiscal cliff fears on the other. if we hit the cliff, is defense done as an investment? we'll find out. >>> plus the latest on why fast food workers are working to unionize and maybe even strike across america. >>> and the scary story about the surge in spooks. how spies apparently are everywhere now, mandy. >> and you wouldn't even know. >>> let's load you up on some vital stats. firstly, december is historically the best performing month of the year but today the dow and s&p are down for the first time in four days. dow was up 61 points before the disappointing ism data at 10:00 a.m. this morning. it has never recovered. s&p is flirting with a three-week high even though it is slightly lower. nasdaq touched a one-month high earlier on. >>> never doubt the power of of the american consumer is what we always say here on "street signs." holiday shopping season is in full swing and that, my good people, has propelled the s&p retail next to a record high early again today, though as we speak it is slightly lower. let's
good data on one fis, fiscal cliff fears on the other. if we hit the cliff, is defense done as an investment? we'll find out. >>> plus the latest on why fast food workers are working to unionize and maybe even strike across america. >>> and the scary story about the surge in spooks. how spies apparently are everywhere now, mandy. >> and you wouldn't even know. >>> let's load you up on some vital stats. firstly, december is historically the best performing month...
158
158
Nov 12, 2012
11/12
by
CNBC
tv
eye 158
favorite 0
quote 0
let them go over the fiscal cliff. the deal is within reach. >> and not even america's favorite stock is immune. >> why are you buying apple here? >> it was overpriced at 536. >> there is one man you can always count on. >> big pop for "sky fall." the newest installment knocked them dead at the box office over the weekend and sold tickets. >> to help us find fast money special guest is in town. let's get to it. "fast money" starts right now. >>> live from the nasdaq market site i am melissa lee. here are the top three trades. the s&p 500 is close behind. should you be buying this dip? what some of the biggest hedgefund dealers are doing to make money. black friday is so yesterday. how retailers are trying to cash in and how you should be trading it right now. we have to get straight to america's most valuable company and that is apple shares falling yet again today. it is not just cnbc taking notice. michael wolf asks whether the age of apple is ending? is this the ultimate contrarien indicator. he says the tip is know
let them go over the fiscal cliff. the deal is within reach. >> and not even america's favorite stock is immune. >> why are you buying apple here? >> it was overpriced at 536. >> there is one man you can always count on. >> big pop for "sky fall." the newest installment knocked them dead at the box office over the weekend and sold tickets. >> to help us find fast money special guest is in town. let's get to it. "fast money" starts right...
69
69
Aug 21, 2012
08/12
by
CNBC
tv
eye 69
favorite 0
quote 0
we don't expect a fiscal cliff. we believe there will be legislation before the end of the year to cut this huge increase in taxes and cut spending. in that compromise, we may still be too severe. this is a still weak economy. you have to bring the deficit down slowly. like lowering a piano out of the fourth floor of a building. you have to do it slowly. we do it one rung at a time. you do it over five or six years, you can help this economy grow. i'm concerned they may come up with a compromise after the election results in a 3 percentage drop in gdp ratio, that's too severe. >> could push it into recession. >> right on the knife edge. >> are you looking for, in essence, cues to sell or looking for cues to buy? >> both, unfortunately. this uncertainty will still be with us after the election day. we have one party rule, this won't happen. but we could have a divider. if the president is reelected, and we have a divided house, we could have all the spending cuts -- >> could we lose 20 to 25%? >> i wouldn't bet that
we don't expect a fiscal cliff. we believe there will be legislation before the end of the year to cut this huge increase in taxes and cut spending. in that compromise, we may still be too severe. this is a still weak economy. you have to bring the deficit down slowly. like lowering a piano out of the fourth floor of a building. you have to do it slowly. we do it one rung at a time. you do it over five or six years, you can help this economy grow. i'm concerned they may come up with a...
64
64
Dec 31, 2012
12/12
by
CNBC
tv
eye 64
favorite 0
quote 0
>> right now, if we did the full fiscal cliff, the full fiscal cliff monty, perhaps is the best way it put it, we get rid of more growth in the economy than in all of 2011. it would be a negative number, essentially, mandy. like 4.2% of gdp. we grew up 4% of 2011. a negative number. take away from that all things being equal. depending on what the private sector did. a negative for the economy. every dollar they don't do on the fiscal cliff, that's a dollar that does not come out of the economy. but i think it is probably reason to consider. talking about what brian was talking about at the top of the show here. 1%, maybe 1.5% drag on growth of anything decided from the fiscal cliff anyway. >> and it depends on what you buy. i hear what you're saying with, steve and it is important to dive in. when you get a dollar you probably spend more than the dollar, right? they have shown that. that is the greatest multiplier. let's be clear on what that is on. necessities, food, clothing, which is needed. and on taxes, and there is not a lot of sympathy, but if you are a boat maker, high-end hom
>> right now, if we did the full fiscal cliff, the full fiscal cliff monty, perhaps is the best way it put it, we get rid of more growth in the economy than in all of 2011. it would be a negative number, essentially, mandy. like 4.2% of gdp. we grew up 4% of 2011. a negative number. take away from that all things being equal. depending on what the private sector did. a negative for the economy. every dollar they don't do on the fiscal cliff, that's a dollar that does not come out of the...
335
335
Nov 13, 2012
11/12
by
FBC
tv
eye 335
favorite 0
quote 0
unlike you peter, they don't believe there will be some >> on the fiscal cliff. >> fiscal cliff, dealing with that good neas knows what they will do. they are talking about significant job cuts if no agreement is found. but there is considerable degree of uncertainty. these gray swans. >> not black swans. >> these are gray bunz -- ones. we are muddling through. our chinese operation is growing 12 to 13% against the average of the company which is around 3%. middle eastern crisis, iran and israel, whether there will be attack on iranian nuclear installations very difficult to predict. last and most importantly the u.s., not just the fiscal cliff, the debt, $16 of debt and dealing with the deficit how that will play outpost the election . a lot of people are hoping the president will focus on his legacy and will be more accommodating and seek agreement. but the initial indications have not been as positive as perhaps some thought. >> but you said as we were waiting to chat that it's not just that the president in your view needs to be more friendly towards the business community but the bu
unlike you peter, they don't believe there will be some >> on the fiscal cliff. >> fiscal cliff, dealing with that good neas knows what they will do. they are talking about significant job cuts if no agreement is found. but there is considerable degree of uncertainty. these gray swans. >> not black swans. >> these are gray bunz -- ones. we are muddling through. our chinese operation is growing 12 to 13% against the average of the company which is around 3%. middle...
325
325
Dec 6, 2012
12/12
by
CNBC
tv
eye 325
favorite 0
quote 1
what impact is the fiscal cliff having? >> it's impacting the level of activity in the final quarter of 2012. we are seeing acceleration. if we look at volume and values of deals in october and november, we popped up 10%, 15% above the average after the previous nine months. so i think if you were contemplating the deal between september of this year and march of next, the likelihood is you'll try to pull it forward to try to take advantage of the capital gains tax certainlily. >> so if you're rushing through this year, there will be a lull in the first quarter. >> yeah. i agree. i think we will potentially see a lull in the first quarter. but on the assumption that we do get past the fiscal cliff with successful resolution, which i think we're all optimistic we will, i think fundamentals are strong. we have corporate balance sheets still strong. we have private equity with a lot of available cash. and general improvement in confidence. and i think with the certainty of -- the uncertainty of the presidential election behind
what impact is the fiscal cliff having? >> it's impacting the level of activity in the final quarter of 2012. we are seeing acceleration. if we look at volume and values of deals in october and november, we popped up 10%, 15% above the average after the previous nine months. so i think if you were contemplating the deal between september of this year and march of next, the likelihood is you'll try to pull it forward to try to take advantage of the capital gains tax certainlily. >>...
66
66
Nov 30, 2012
11/12
by
CNBC
tv
eye 66
favorite 0
quote 0
. >>> breaking news on the fiscal cliff. the gop saying they will agree to more tax revenue if something else happens. we'll tell what you that is. >>> where is john mcafee? the millionaire is still on the run in central america. le call in to the show this hour with how he has been surviving. it is an interview you will not want to miss. >>> plus, are you overtaxed? maybe. but not by uncle sam. we'll tell you why. >>> and why it may be the end of the road for detroit. one state senator's plan to dissolve the city. he is your guest. happy friday, everybody. mandy will be back on monday. i'm brian sullivan. thank you very much for joining us. >>> stocks relatively in a holding pattern again all ahead of the fiscal cliff. we're not seeing big moves. people unwilling to take bets. we're going to get to bob pisani in just a minute. >>> but first we need to get to eamon javers with some breaking headlines from mitch mcconnell on the fiscal cliff. eamon? >> brian, we're getting a trial balloon here just within the past couple of m
. >>> breaking news on the fiscal cliff. the gop saying they will agree to more tax revenue if something else happens. we'll tell what you that is. >>> where is john mcafee? the millionaire is still on the run in central america. le call in to the show this hour with how he has been surviving. it is an interview you will not want to miss. >>> plus, are you overtaxed? maybe. but not by uncle sam. we'll tell you why. >>> and why it may be the end of the road...
88
88
Dec 5, 2012
12/12
by
CNBC
tv
eye 88
favorite 0
quote 0
but how about the fiscal cliff? we're going to show you the real impact on americans' wallets and some stats to make you go -- hmm. apple slammed but the dow doesn't care. the indexes are higher as some break-away republicans are giving investors hope that a deal will get done. but will apple win the online music battle? >>> why pandora is being boxed out today. >>>ed unintended consequences of all these one-time dividends. mandy's off today so let's welcome in courtney reagan. >> thank you very much, brian. >>> blue chips are ruling the roost on wall street today. the dow bouncing back from morning loss to post triple digit gains. travelers, caterpillar and chevron accounting for a big chunk of that advance. >>> apple having its worst day in four months. pushing the nasdaq into negative territory. >>> bob, apple is lower than 4% -- we're going to toss it back to brian. >> courtney, hold your horses. >>> but first we've got to get a big development on the fiscal cliff negotiations. at this point we are still just a
but how about the fiscal cliff? we're going to show you the real impact on americans' wallets and some stats to make you go -- hmm. apple slammed but the dow doesn't care. the indexes are higher as some break-away republicans are giving investors hope that a deal will get done. but will apple win the online music battle? >>> why pandora is being boxed out today. >>>ed unintended consequences of all these one-time dividends. mandy's off today so let's welcome in courtney...
152
152
Nov 12, 2012
11/12
by
FBC
tv
eye 152
favorite 0
quote 0
what we saw the last time we had the fiscal cliff about a year and a quarter ago. we had that feeling fro, to be repeating a few months when that was negotiated we raised the debt ceiling, the gold price responded with a 30% rise and we think we will see that again. david: i hope you're right, they come together, but why if you are right we have about 30% more move to the upside with gold, why has it been down the last couple of days? it was a slow trading day, but down a couple of dollars. >> that is right, it went down a little bit, seems to be trading rapidly on events from the european crisis and now people are waiting for the open market banking committee. they would seize assets purchase, that could have been negative on gold but the big picture is still positive on hard assets for gold. inflation rate well ahead of interest rates, target rate 025 basis points underlining the sound investment in hard assets such as gold and the equities have underperformed the gold mining equities were very bullish on those because the prices have gone up making the disconnec
what we saw the last time we had the fiscal cliff about a year and a quarter ago. we had that feeling fro, to be repeating a few months when that was negotiated we raised the debt ceiling, the gold price responded with a 30% rise and we think we will see that again. david: i hope you're right, they come together, but why if you are right we have about 30% more move to the upside with gold, why has it been down the last couple of days? it was a slow trading day, but down a couple of dollars....
142
142
Dec 6, 2012
12/12
by
WUSA
tv
eye 142
favorite 0
quote 0
. >> the administration, are they prepared to go over the fiscal cliff. >> absolutely. >> fiscal cliff negotiations in washington, still up in the air. most lawmakers have gone home for a long weekend. >> i'll be here and i'll be available at any moment to sit down with the president if he gets serious about solving this problem. >> the duchess of cambridge has left hospital. there for morning sickness. >> how are you feeling this morning, kate? >> as of today, possession of small amounts of marijuana is legal in the state of washington. >>> now the 55th annual grammy awards revealed. the top contender, kanye west and jay-z. >> he's got it. kobe bryant. the greatest player in the history of the los angeles lakers. >> all that, ready for your mistake? >> yeah. i'd like to hear it. >> can eating while driving be distracting. >> no! >> and all that matters. >> former senator alan simpson is bringing his meg abossage ab the national debt to a new generation. >> gangnam style. >> on cbs "this morning." >> the star? a toddler and tiaras earning a spot on barbara walters list of the 20 most f
. >> the administration, are they prepared to go over the fiscal cliff. >> absolutely. >> fiscal cliff negotiations in washington, still up in the air. most lawmakers have gone home for a long weekend. >> i'll be here and i'll be available at any moment to sit down with the president if he gets serious about solving this problem. >> the duchess of cambridge has left hospital. there for morning sickness. >> how are you feeling this morning, kate? >> as...
262
262
Oct 26, 2012
10/12
by
CNBC
tv
eye 262
favorite 0
quote 1
and second one is the real fiscal cliff. does the united states of america show that it has the bill and the capability to fix it fiscal problems. which i think can easily be done as you saw from things like the simpson-bowles report. so i'm not worried as much for jpmorgan as i am for american business and more than that is correct the american -- jobs and the average american. the fiscal cliff and another recession would be terrible for america. >> probably no arguing with that. jack, good morning to you. let's just look ahead first of all to this gdp number. how is that going to play in? >> well, everybody's looking for a number. 1.8, 1.9. it will be what i call a glimpse of the obvious. we are looking at an economy that is slow. we don't see much going on. worse yet, and you were going through what washington was reporting about the fiscal cliff and what the fallout can be. the other part of it is not only job losses, but the hiring that would normally take place is being suspended, also. so those that would normally be
and second one is the real fiscal cliff. does the united states of america show that it has the bill and the capability to fix it fiscal problems. which i think can easily be done as you saw from things like the simpson-bowles report. so i'm not worried as much for jpmorgan as i am for american business and more than that is correct the american -- jobs and the average american. the fiscal cliff and another recession would be terrible for america. >> probably no arguing with that. jack,...
244
244
Dec 13, 2012
12/12
by
MSNBCW
tv
eye 244
favorite 0
quote 0
no movement to report in the fiscal cliff. we can tell that you across the country mayors and governors are becoming increasingly concerned about the impact back home. there's growing angst on capitol hill over the fiscal cliff. >> figure it out. >> it's really time to get serious. >> reporter: mayors are getting nervous. >> congress needs to act immediately. >> reporter: and the public is worried. in our new nbc/"wall street journal" poll, 70% of democrats and 59% of republicans urge compromise. the country is evenly split over whether that will happen. republicans rejected president obama's latest plan to accept less tax revenue and sent the exact same offer back to the white house with no changes. >> i don't believe that we've heard anything from the leadership that suggests they have moved off their position. >> i remain the most optimistic person in this town. but we've got some serious differences. >> reporter: federal reserve chair ben bernanke warns gridlock is already affecting the economy. >> why is it that consumer
no movement to report in the fiscal cliff. we can tell that you across the country mayors and governors are becoming increasingly concerned about the impact back home. there's growing angst on capitol hill over the fiscal cliff. >> figure it out. >> it's really time to get serious. >> reporter: mayors are getting nervous. >> congress needs to act immediately. >> reporter: and the public is worried. in our new nbc/"wall street journal" poll, 70% of...
139
139
Dec 31, 2012
12/12
by
CSPAN2
tv
eye 139
favorite 0
quote 0
cliff is nothing compared to the real fiscal cliff. the real fiscal cliff is the continued excessive borrowing and spending of over a trillion dollars a year that is driving this country into a serious fiscal situation for the future. and it's not just something our children and grandchildren are going to have to pay for years down the line. it's something we are all paying for now. it's something that is keeping people from getting back to work, keeping companies from expanding. we and future generations will address what i believe any american who is paying any attention whatsoever, and everyone certainly in this body and our corresponding house down the hall understands whether you are a republican or democrat, liberal or conservative, it's simple math. it's not algebra, it's not sal includes. it's third grade math. you cannot raise $2.2 trillion a year and spend $3.5 trillion or $3.4 trillion. literally, we have added now approaching $6 trillion in just the last four years, and it's unsustainable. it's going to hurt everybody and i
cliff is nothing compared to the real fiscal cliff. the real fiscal cliff is the continued excessive borrowing and spending of over a trillion dollars a year that is driving this country into a serious fiscal situation for the future. and it's not just something our children and grandchildren are going to have to pay for years down the line. it's something we are all paying for now. it's something that is keeping people from getting back to work, keeping companies from expanding. we and future...
200
200
Dec 13, 2012
12/12
by
KTVU
tv
eye 200
favorite 0
quote 1
cliff. continuing negotiations into the next year. >>> they say they will announce governor jerry brown has been diagnosed with early prostate cancer. governor jerry brown did not reveal anything about his cancer when he met in silicone valley with ceos yesterday. >> he was as he always is, insightful, cite tall and violent. one would never know in they will be treated with therapy and they say the prognosis is excellent. you will find more on our website about the governor's diagnosis and there is a full statement released from his office. just look on the hot topic section. >>> pam and dave good morning to you both, incase you are just joining us, we had a couple of slow downs. it is not a bad day getting through the tunnel and it looks like metering lights come on at 6115 and -- 6:15 and right now they are definitely on with metering lights. we had that earlier problem and traffic is recovering there. lanes have been opened and dumbarton bridges are a safe alternative getting to the penin
cliff. continuing negotiations into the next year. >>> they say they will announce governor jerry brown has been diagnosed with early prostate cancer. governor jerry brown did not reveal anything about his cancer when he met in silicone valley with ceos yesterday. >> he was as he always is, insightful, cite tall and violent. one would never know in they will be treated with therapy and they say the prognosis is excellent. you will find more on our website about the governor's...
160
160
Dec 21, 2012
12/12
by
MSNBCW
tv
eye 160
favorite 0
quote 0
senator kerry's next move in life and the fiscal cliff. meanwhile join our conversation, can you tweet us at tamron hall and apartment "news nation" and if you spell michael's name you can reach him on twitter as well. wow, the samsung galaxy s3. you can get it with t-mobile's unlimited nationwide 4g data plan. really? yep, and their network is super fast. so fast that i reacted to how fast it was but you missed it. i'll show you in slow-mo. woooooooaaah. powww! we'll take it. honey, let's go! what? ok! [ male announcer ] get the season's hottest smartphones, like the samsung galaxy s3. and get t-mobile's unlimited 4g data on their nationwide 4g network. from america's gift headquarters. walmart. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. when you give a child a toy, it has to work. ♪ make just one someone happy and when it's a toys for tots child, well, what could be
senator kerry's next move in life and the fiscal cliff. meanwhile join our conversation, can you tweet us at tamron hall and apartment "news nation" and if you spell michael's name you can reach him on twitter as well. wow, the samsung galaxy s3. you can get it with t-mobile's unlimited nationwide 4g data plan. really? yep, and their network is super fast. so fast that i reacted to how fast it was but you missed it. i'll show you in slow-mo. woooooooaaah. powww! we'll take it. honey,...
97
97
Nov 8, 2012
11/12
by
CNBC
tv
eye 97
favorite 0
quote 0
avert the fiscal cliff as bullish for gold. we are looking at relative strength in the dollar and still gold prices rallying. it tells through is still a lot of interest in this safe haven bid here for gold. we've seen that in the exchange traded funds as well withholdings in exchange traded funds, gold related exchange traded funds rising to a record level. lot of interest and inflows into gold etfs in the last week or so, also chatter about what china is going do in terms of gold etfs. will they get into this market? that could certainly increase demand as well. back to you. >>> let's get some trading action going. bob pisani is down on the floor at the new york stock exchange. hi, bob. >> i just put out a note on my trader talk blog highlighting the problem today -- that's fiscal cliff anxiety. that's the newest worry on wall street, concerns about the imfact of potentially higher taxes on an already weak u.s. economy. that's it. i don't particularly like the trading action today. we've been drifting lower and it's been very
avert the fiscal cliff as bullish for gold. we are looking at relative strength in the dollar and still gold prices rallying. it tells through is still a lot of interest in this safe haven bid here for gold. we've seen that in the exchange traded funds as well withholdings in exchange traded funds, gold related exchange traded funds rising to a record level. lot of interest and inflows into gold etfs in the last week or so, also chatter about what china is going do in terms of gold etfs. will...
140
140
Nov 12, 2012
11/12
by
CNBC
tv
eye 140
favorite 0
quote 0
fiscal cliff. fiscal cliff. >> i don't know what to say. i don't know what to say. you mock me. >> i'm not mocking you. i'm mocking them. >> who is them? >> ceos. >> okay. i thought it was some broad international conspiracy including tri-lateral commission of the queen of england. >> just ceos who to your point are still very much undecided about making a big move. >> hold it. >> for a variety of reasons to be fair. it's that so-called uncertainty associated with things like the fiscal cliff no doubt about it. it's also the fact that making a big move in m & a typically if you're not rewarded perhaps where as if it goes well -- if it goes poorly you're going to lose your job. >> precision is the best in aerospa aerospace. you told me off camera they are really smart guys. the people who are stepping up tend to be smarter than the average bear. >> that may be the case. and in these kinds of environments where we see few details often those are the best deals. it's when everyone has confidence and equity markets are up and everyone is feeling great that they do stupi
fiscal cliff. fiscal cliff. >> i don't know what to say. i don't know what to say. you mock me. >> i'm not mocking you. i'm mocking them. >> who is them? >> ceos. >> okay. i thought it was some broad international conspiracy including tri-lateral commission of the queen of england. >> just ceos who to your point are still very much undecided about making a big move. >> hold it. >> for a variety of reasons to be fair. it's that so-called...
209
209
Dec 8, 2012
12/12
by
FOXNEWSW
tv
eye 209
favorite 0
quote 0
some argue the country won't be badly damaged if the country hits the fiscal cliff. republicans and democrats keep arguing into the new year. others are worried failure to strike a deal could send the nation back into a recession. >> i think people understand the failure to compromise and going over the cliff could really jeopardize this recovery. the good news today about more people back at work, the unemployment rate coming down, listen, that can be reversed if people lose confidence in our future. >> the number two senate ranked democrat mr. temperature bib argues next week will be critical in terms of president obama and speaker boehner finding a compromise. shep? >> shepard: democrats are still saying what they have said all along and what the president ran on this is about taxes. >> that is true and they note president obama campaigned on upper income americans paying more so they intend to make sure that happens. the house democratic leader says the only obstacle is republicans refusing to ask the top 2% to pay more. >> this is a moment of truth. the clock is
some argue the country won't be badly damaged if the country hits the fiscal cliff. republicans and democrats keep arguing into the new year. others are worried failure to strike a deal could send the nation back into a recession. >> i think people understand the failure to compromise and going over the cliff could really jeopardize this recovery. the good news today about more people back at work, the unemployment rate coming down, listen, that can be reversed if people lose confidence...
240
240
Dec 5, 2012
12/12
by
KICU
tv
eye 240
favorite 0
quote 1
stock markets edged lower today as the fiscal cliff talks drag on. the dow lost 13 points, the nasdaq was down five. trading was light as investors wait for details on the negotiations in washington. in six minutes, rita williams will tell us about a new poll on the fiscal cliff. do americans think it can be avoiding and who are they blaming. >>> sales of pandora plummeted. pandora is facing competition. >>> it appears brits are really getting into the royal pregnancy and bookmakers are taking odds. bets are being taken to if name of the expected babies. traditional names of royals such as elizabeth, victoria and williams are still the favorite. >>> a hollywood landmark is getting a make over. the last minute opposition to a bay area sheriff's purchase of an aerial drone. >> it's like the worse nightmare imaginable. it's like this isn't true. >> while in dialysis and (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's
stock markets edged lower today as the fiscal cliff talks drag on. the dow lost 13 points, the nasdaq was down five. trading was light as investors wait for details on the negotiations in washington. in six minutes, rita williams will tell us about a new poll on the fiscal cliff. do americans think it can be avoiding and who are they blaming. >>> sales of pandora plummeted. pandora is facing competition. >>> it appears brits are really getting into the royal pregnancy and...
72
72
Dec 6, 2012
12/12
by
CNBC
tv
eye 72
favorite 0
quote 0
why the fiscal cliff has him mining, panning and digging harder than ever. todd hoffman, "gold rush." jim, can you grow that beard? >> i love that show. i can grow the hair that he has. >> let's do it. we're back after this. americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ come pre-filled with problems. enough is enough. introducing the chase liquid reloadable card. with chase liquid, there's no waiting and no fee to activate you can load cash and checks at any chase depositfriendly atm and there are no withdrawal fees at over 17,500 chase atms all for one flat fee of $4.95 per month. get rid of prepaid problems. get chase liquid. >>> why can't you be a made in america company? >> you
why the fiscal cliff has him mining, panning and digging harder than ever. todd hoffman, "gold rush." jim, can you grow that beard? >> i love that show. i can grow the hair that he has. >> let's do it. we're back after this. americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when...
209
209
Nov 23, 2012
11/12
by
FOXNEWSW
tv
eye 209
favorite 0
quote 0
as the talks wind down on the fiscal cliff talks, a higher gas tax in the deal. the market watcher says that they can't afford to pay anymore. it could be good for the economy, margery how so? it's regressive tax, hits those without money. >> and how do we pay for necessary things, and not create are more deficit. and what this tax would do, we already have a 18 cents tax and most states have a gas tax in california 64.8 cents per gallon and you don't see the economy suffering, and the consumers and seen 1.50 jump in gas prices. what this would probably do, we don't have it on paper is pay for things like road repairs and necessary things like that. why is it good? it encourages innovation, car pooling, people to kind of watch, and conserve frankly we have to think about the national security issues and conservation. >> nan: kevin, i know you don't agree with this one. >> no, i can't believe that a gas tax could be the answer to the fiscal cliff or anything else, more taxes not the answer here, and the stronger economy, but this is really a tax on the middle clas
as the talks wind down on the fiscal cliff talks, a higher gas tax in the deal. the market watcher says that they can't afford to pay anymore. it could be good for the economy, margery how so? it's regressive tax, hits those without money. >> and how do we pay for necessary things, and not create are more deficit. and what this tax would do, we already have a 18 cents tax and most states have a gas tax in california 64.8 cents per gallon and you don't see the economy suffering, and the...
355
355
Dec 6, 2012
12/12
by
KPIX
tv
eye 355
favorite 0
quote 0
is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans. remember, it's only 2%. >> reporter: that danger not enough to keep congress in session. it's already quit for the week as most lawmakers assume correctly, they are not players until there's a deal. president obama, in a meeting with some of the country's largest corporations demand that congress raise the debt ceiling without any strings attached. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, i will not play that game. because we've got to break that habit before it starts. >> reporter: the president sees the fiscal cliff showdown as an opportunity to break that linkage for good. republicans say they will not increase the debt ceiling now $16 trillion and due to expire in february without more deficit reduction.
is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans. remember, it's only 2%. >> reporter: that danger not enough to keep congress in session. it's already quit for the week as most lawmakers assume correctly, they are not players until there's a deal. president obama, in a meeting with some of the country's largest corporations...
196
196
tv
eye 196
favorite 0
quote 0
abraham lincoln can help the fiscal cliff negotiations. harry reid believes so. the senate will get inspiration when reid hosts a clescreening the spielberg movie. >> whatever helps to get things moving, right? >>> hundreds of same-sex couples in washington state lined up overnight to get a marriage license now that they can legally wed. the county clerk's office in seattle opened at midnight to accommodate couples eager to make history. there's another historic first in washington overnight. it is now legal to buy and possess pot. the law, though, bans public use of marijuana, like drinking in public. and it's against the wall to sell pot. the state is trying to work out a system to license growers. >>> and with that, we'll take a look -- >> you can't buy it or sell it. >> time, now, for the weather across the country. showers from portland to seattle. up to eight inches of snow in the northern cascades and rockies. mild in the nation's midsection. pop-up showers in omaha, cincinnati and louisville. and scattered showers from the carolina
abraham lincoln can help the fiscal cliff negotiations. harry reid believes so. the senate will get inspiration when reid hosts a clescreening the spielberg movie. >> whatever helps to get things moving, right? >>> hundreds of same-sex couples in washington state lined up overnight to get a marriage license now that they can legally wed. the county clerk's office in seattle opened at midnight to accommodate couples eager to make history. there's another historic first in...
433
433
Dec 5, 2012
12/12
by
CNNW
tv
eye 433
favorite 0
quote 0
wouldn't that bring an end to the fiscal cliff? we could wrap it up now and everybody could go on vacation? >> yes, but you're asking the wrong guy. i'm not in congress. >> but you're on set, will. come on, suck it up! >> i'm going to answer. i'm always happy to talk if you're going to put the camera on me. i can see reality in front of me and see that republicans have very little leverage to decide or impose their will on this outcome. that being said, what they're looking at is how can we kind of salvage a political victory out of this and stand for what we want? as you've had people on this program suggest, it may just be going over the fiscal cliff and not voting for a tax raise and then later negotiating taxes down. >> republicans will be blamed, polls show, if we go over the cliff. >> let's turn to jeb henserling, newly named chairman of the house committee and co-chair on the super committee. we heard will saying how do you salvage a political victory? the reality is if nothing is done, if you cannot get together, you go ove
wouldn't that bring an end to the fiscal cliff? we could wrap it up now and everybody could go on vacation? >> yes, but you're asking the wrong guy. i'm not in congress. >> but you're on set, will. come on, suck it up! >> i'm going to answer. i'm always happy to talk if you're going to put the camera on me. i can see reality in front of me and see that republicans have very little leverage to decide or impose their will on this outcome. that being said, what they're looking at...
108
108
Dec 5, 2012
12/12
by
CNBC
tv
eye 108
favorite 0
quote 0
geithner and the fiscal cliff. is he pushing us closer to or farther from the fiscal cliff. and doubling down on dividends. we've got an out of the box ets flight that can get you in on the pay day windfall that's taking shareholders by storm. plus, linked-in gets original. the executive editor will reveal why the company's move into original content could be a game changer. we'll get to those trades in a minute. let's get to the top story right away. apple misses the rally. the dow closed at a one month high but the trouble continues for apple posting its worst day in nearly four years. the stock falling back into bear market territory weighing on the nasdaq throughout the entire session in terms of price action, terrible. pretty heavy volumes closing two pennies off the low of the session deep. >> it was terrible. i'm trying to be measured here because i understand how -- >> you don't want to insult apple. >> that's not what we're attempt to go do. we're trying to help them. last night to a person we thought it would go lower. we didn't do that to hurt people, we did it be
geithner and the fiscal cliff. is he pushing us closer to or farther from the fiscal cliff. and doubling down on dividends. we've got an out of the box ets flight that can get you in on the pay day windfall that's taking shareholders by storm. plus, linked-in gets original. the executive editor will reveal why the company's move into original content could be a game changer. we'll get to those trades in a minute. let's get to the top story right away. apple misses the rally. the dow closed at a...
20
20
tv
eye 20
favorite 0
quote 0
that dials back the entirety of the fiscal cliff i think there will be a fiscal cliff let's if you call that basically i think that we're going to see the payroll taxes they're going to go away the payroll tax reduction and in all probability we'll also see increased taxes that are associated with the health care reform bill that are. scheduled to go forward so those two which are you know somewhat smaller in terms of the fiscal cliff i think those will have been and so i think there will be some impact on the economy mark of the last word in the program go ahead i guarantee you i carried to the last word as i guarantee you whatever happens it won't be pretty it'll go down to the last minute they'll be all kinds of severe allegations thrown back and forth this summer twenty second december twenty third you're trying to take away our christmas it'll happen all right. thank you very much gentlemen many thanks and i guess the deed in new york and in washington thanks to our viewers for watching as you are to see you next time and remember crosstalk. and if you. want to. live through scienc
that dials back the entirety of the fiscal cliff i think there will be a fiscal cliff let's if you call that basically i think that we're going to see the payroll taxes they're going to go away the payroll tax reduction and in all probability we'll also see increased taxes that are associated with the health care reform bill that are. scheduled to go forward so those two which are you know somewhat smaller in terms of the fiscal cliff i think those will have been and so i think there will be...